Terms of Use

Effective Date: May 31, 2026
Last Updated: May 31, 2026

‍

Welcome to mainUSD (“mainUSD,” the “Company,” “we,” “our,” or “us”), a service operated by SquareFi Inc. These Terms of Service (“Terms”) govern your access to and use of our website (mainusd.io), applications, APIs, services, and products, including the mainUSD stablecoin (“USDM”) (collectively, the “Services”). By accessing or using our Services, you agree to these Terms. If you do not agree, please do not use our Services.

‍

USDM is a U.S. dollar-denominated stablecoin issued by Brale Inc. (“Brale”), a regulated stablecoin issuer (NMLS ID #2376957). Your acquisition, holding, transfer, and redemption of USDM is also subject to Brale’s applicable end-user terms. In the event of a conflict between these Terms and the terms of the issuer that govern the issuance and redemption of USDM, the issuer’s terms control with respect to those issuer functions.

‍

PLEASE NOTE THAT THESE TERMS CONTAIN A BINDING ARBITRATION CLAUSE AND CLASS ACTION WAIVER (SEE SECTION 11). BY AGREEING TO THESE TERMS, YOU AGREE TO RESOLVE DISPUTES THROUGH BINDING INDIVIDUAL ARBITRATION AND YOU WAIVE YOUR RIGHT TO A TRIAL BY JUDGE OR JURY AND YOUR RIGHT TO PARTICIPATE IN A CLASS ACTION.

1. Acceptance of Terms

By accessing or using our Services, you represent that:

  • You are at least 18 years old or the legal age in your jurisdiction.
  • You have the legal capacity to enter into binding agreements, and, if you are using the Services on behalf of an organization or entity, you are authorized to bind that organization or entity to these Terms.
  • Your use of the Services complies with all applicable laws and regulations.

2. Services Overview

Our Services facilitate the use, storage, transfer, minting, and redemption of USDM, a stablecoin designed to maintain a stable value of one U.S. dollar (US$1.00). USDM is issued by Brale and is intended to be backed on a 1:1 basis by cash and short-term U.S. government obligations held at U.S. financial institutions. Independent attestations of the reserves are published on a periodic basis.

We do not provide investment, financial, tax, or legal advice. USDM is not a security, and we do not offer securities services. Any decisions regarding USDM are made at your sole discretion. You acknowledge that USDM and any fiat held in connection with the Services are not deposits and are not insured or protected by the Federal Deposit Insurance Corporation (FDIC) or the Securities Investor Protection Corporation (SIPC).

3. User Obligations

When using our Services, you agree to:

  • Provide accurate and complete information during registration and identity verification, and maintain the accuracy of your information.
  • Complete any identity verification, “know your customer” (KYC), anti-money laundering (AML), and sanctions-screening procedures we or the issuer may require, and consent to our accessing, processing, and retaining the information you provide for these purposes.
  • Use our Services only for lawful purposes.
  • Maintain the confidentiality of your account credentials and any private keys or access tools.
  • Notify us immediately of any unauthorized access to or use of your account.

You agree not to:

  • Use the Services for illegal activities, including money laundering, terrorism financing, or fraud.
  • Use the Services for the benefit of any country, organization, entity, or person blocked or embargoed under sanctions administered by the U.S. Office of Foreign Assets Control (OFAC) or other applicable sanctions authorities.
  • Engage in activities that harm or disrupt our Services or other users.
  • Misrepresent your identity or affiliations.

4. Risk Disclosure

You acknowledge that:

  • Stablecoins, including USDM, are subject to regulatory changes, market fluctuations, and technological risks, including risks associated with blockchains and smart contracts over which we have no control.
  • Transactions involving USDM and other digital assets are recorded on public blockchains and are irreversible. Funds sent to an incorrect or incompatible blockchain address, or transmitted in error, may be permanently lost.
  • We and the issuer may delay, refuse, or halt minting, redemptions, or transfers as required by applicable law, in times of unusual market conditions, or to comply with legal or regulatory obligations.
  • We are not responsible for losses arising from your use of the Services, including losses due to unauthorized access, your error, the provision of inaccurate information, market volatility, or events outside our reasonable control.

5. Fees and Charges

We may charge fees for certain transactions or services. Any applicable fees will be disclosed at the time of the transaction or within your account. You are responsible for any taxes, levies, duties, or regulatory fees associated with your use of the Services. We reserve the right to adjust our pricing and fees and may net such fees out of transfers to or from your account.

6. Intellectual Property

All content on the Services, including text, graphics, logos, and software, is our property or the property of our licensors (including the issuer) and is protected by intellectual property laws. You may not reproduce, distribute, reverse engineer, or create derivative works without our express permission. You acknowledge that the issuer owns all rights in and to any smart contracts deployed in connection with USDM and their associated private keys, and no rights in the same are granted to you.

7. Privacy Policy

Your use of the Services is subject to our Privacy Policy, which outlines how we collect, use, and protect your information.

8. Disclaimers

  • The Services are provided “as is” and “as available” without warranties of any kind, express or implied, including implied warranties of merchantability, fitness for a particular purpose, and non-infringement.
  • We do not guarantee uninterrupted, secure, timely, or error-free Services.
  • We are not liable for losses arising from external events, including cyberattacks, system failures, blockchain network conditions, or third-party actions.

9. Limitation of Liability

To the fullest extent permitted by law, we, our affiliates, and our and their respective officers, directors, agents, employees, and suppliers are not liable for any indirect, incidental, special, punitive, or consequential damages arising from your use of the Services, including loss of profits, goodwill, data, or other intangible losses. To the fullest extent permitted by law, our aggregate liability arising out of or relating to the Services will not exceed the greater of (a) the amount of fees you paid to us in connection with the Services during the twelve (12) months preceding the claim, or (b) one hundred U.S. dollars (US$100).

10. Indemnification

You agree to indemnify, defend, and hold us and our affiliates harmless from any claims, damages, liabilities, costs, or expenses (including reasonable attorneys’ fees) arising from your violation of these Terms, your misuse of the Services, your violation of any applicable law, or your violation of any third-party rights.

11. Dispute Resolution; Arbitration and Class Action Waiver

You and the Company agree that any dispute, claim, or controversy arising out of or relating to these Terms or your use of the Services will be resolved by binding individual arbitration, and not in court, except that either party may bring qualifying claims in small claims court or seek injunctive or other equitable relief to protect intellectual property rights. The arbitration will be administered in accordance with the applicable commercial arbitration rules then in effect and, unless the parties agree otherwise, held in New Castle County, Delaware, before a single neutral arbitrator. This arbitration agreement is entered into pursuant to the Federal Arbitration Act.

YOU AND THE COMPANY WAIVE ANY CONSTITUTIONAL AND STATUTORY RIGHTS TO GO TO COURT AND HAVE A TRIAL BEFORE A JUDGE OR JURY. ALL CLAIMS AND DISPUTES MUST BE BROUGHT ON AN INDIVIDUAL BASIS, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY CLASS, CONSOLIDATED, OR REPRESENTATIVE PROCEEDING.

12. Modification of Terms

We may update these Terms at any time. We will notify you of significant changes by posting the updated Terms on our website and updating the “Last updated” date. Your continued use of the Services after changes take effect constitutes your acceptance of the revised Terms.

13. Termination

We reserve the right to suspend or terminate your access to the Services at our sole discretion, with or without notice, for violations of these Terms, to comply with applicable law, or to manage risk. Upon termination, provisions that by their nature should survive — including those regarding fees, liability, intellectual property, indemnification, and dispute resolution — will survive.

14. Governing Law

These Terms are governed by and construed in accordance with the laws of the State of Delaware, USA, without regard to its conflict-of-law provisions. Subject to the arbitration provisions in Section 11, the exclusive jurisdiction and venue for any actions related to these Terms will be the state or federal courts located in New Castle County, Delaware, and you consent to the jurisdiction of such courts.

15. Contact Information

2093 Philadelphia Pike #2383, Claymont, DE 19703, USA

General: info@mainusd.io
Support: support@mainusd.io
Legal: legal@mainusd.io

Privacy Policy
Terms

© 2026 Stablecoin Infra, Inc.